Sam Bankman-Fried (SBF) has spoken out following Binance founder Changpeng Zhao’s (CZ) public thread referring to Kevin O’Leary’s protection of FTX and referring to SBF as “a fraudster.” The feud continued following CZ’s current allegations that CZ accused SBF of attempting to depeg USDT by means of Alameda.
It appears $15m not solely modified @kevinolearytv’s thoughts about crypto, it additionally made him align with a fraudster. Is he severely defending SBF?https://t.co/JoKapOcMXr (baseless assaults begin round 4:20).
A thread. 1/11
— CZ 🔶 Binance (@cz_binance) December 9, 2022
CZ alleged that SBF “launched a sequence of offensive tirades at a number of Binance workforce members” in his Twitter thread.
11/11 If @kevinolearytv is searching for somebody in charge for the implosion of FTX, he ought to begin by wagging his finger at his funding associate, Sam, after which maybe on the man within the mirror.
— CZ 🔶 Binance (@cz_binance) December 9, 2022
In rebuttal, SBF introduced that CZ had “received” and alleged that CZ had lied concerning the small print surrounding Binance’s buyout of FTX.
You received, @cz_binance.
There isn’t any must lie, now, concerning the buyout.
We initiated conversations round shopping for you out, and we determined to do it as a result of it was vital for our enterprise.
And whereas I used to be pissed off along with your ‘negotiation’ ways, I selected to nonetheless do it.
— SBF (@SBF_FTX) December 9, 2022
Persevering with his rebuttal, SBF alleged that CZ threatened to depart the deal if FTX didn’t “kick in an additional ~$75m.”
You threatened to stroll on the final minute if we did not kick in an additional ~$75m.
We did it anyway as a result of this simply made us really feel extra assured we did not need Binance on our cap desk.
However once more, none of that is vital. You received. Why are you mendacity about this now?
— SBF (@SBF_FTX) December 9, 2022
Reiterating that CZ has “received,” SBF questioned CZ’s statements, asking – and alleging – why CZ is mendacity.
Amongst different issues, as you already know, you did not even have the rights to drag out as an investor until we selected to purchase you out–a lot of the tokens/fairness had been nonetheless locked.
— SBF (@SBF_FTX) December 9, 2022
